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20110701
20110731
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in afghanistan and iraq and not really cutting the deficit. we're boring 40 cents on the dollar for every dollar that we spend in washington. and we cannot keep doing this. one thing i like to see is the repeal of obamacare. that alone would save us $2.5 trillion in the next 10 years. as far as the reid plan, i like to see him get it through the senate. i did not think that it would pass. host: couple we go to an independent in michigan, here is what the "new york times calls " says this morning. go ahead. caller: i called my representative yesterday and asked him to work with the president to compromise and make sure that the debt ceiling is raised over into 2013. this is destroying our economy. host: where do you see compromise? caller: th reid plan has cuts and take this off the table until 2013. i think that that makes sense. host: so you do not agree with republicans on this. caller: i do not. there is trillions of dollars being cut. let's take this and we don't want to make this something that the rest of the world is going to use against us. our dollar is worth nothing in the last 10 year
. not only as we wind down the two wars in afghanistan and iraq, i think as a general principle, we have to have a much more what i would call in mechanical factor on our resources, regardless of which branch of the service we are talking about. keep the military strong, make sure we are protecting our veterans, which we have not done a very good job at. i don't think we need the amount of money we're spending now for every military -- every apparatus we can think of. i don't think we can continue down that trail any longer. we cannot afford it and we don't need it. host: congressman bill pascrell is with us for another 15 minutes. republican -- helen, republican line. guest: good morning, helen. caller: i used to be a substitute teacher. the school i had had supplies. it was blessed. but the administration in our county is bloated, its bloated. because i was a substitute teacher, i listened. there is so much administrative and bureaucratic money wasted on education. but you holler, oh, the poor children and teachers, which is correct, but so much money is wasted in bureaucracy -- wasted
with a situation like 9/11 or the war in iraq or afghanistan are terrorism? what if there is unforeseen event that would force government to spend more money than it takes an? guest: the legislation would have to be written to be including situations when we get like that. i am no expert on the u.s. economy so i want to put that disclaimer out there right now. but we are spending more than we're taking in and it is not sustainable. we cannot continue down this path. when you have the medicare board of trustees coming out in the month of may and releasing a report that says, if medicare is not reformed in 2024, it will be bankrupt, it is irresponsible for washington not to do anything about their when you know you are facing this problem. we need to deal with that. we need to do some entitlement reform across the board. we cannot balance the u.s. budget by cutting discretionary spending. host: i realize that this is still coming together so the information continues to evolve. but based on what we hear this morning, it is a $1.4 trillion increase in the debt limit immediately. based on misinfo
the paper work, without a court order. while they were in iraq or afghanistan, they were the victim families. this is an area we want to look into. host: and their relation to david petraeus? guest: she is married to him. host: maria, a republican. you are on. caller: my husband and i both watch c-span regularly, and we are concerned about this agency created with a half of a $1 billion budget. our question is how much duplication is taking place? he mentioned a few minutes ago that hundreds of people have already been hired. could you let us know the duplication of these consumer protection services that this new agency is supposed to do, and how, and what is going to happen to these other employees within the federal government? guest: well, that is a very good question. consumer protection used to be in various different agencies. the fed had consumer, occ -- all of these different agencies. consumer protection was often a secondary thought, a third thought, or not even thought about at all. that is why regulators did not in any way most to curb the abuses in the sub-prime lending, which
Search Results 0 to 3 of about 4